EU Releases Guidelines For Energy Market Interventions

Law360, Washington (November 5, 2013, 2:28 PM EST) -- The European Commission on Tuesday issued a guidance document outlining when European Union member states should intervene in their renewable and other domestic energy markets, saying poorly implemented interventions harm competition and lead to higher energy prices across the EU.

The EU’s pending internal energy market plan, due to be completed by 2014, is “essential” for ensuring both affordable energy security across the union and to fight climate change, the EC said. While there are some “very specific” cases when public intervention by an EU member...